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Paul John Manafort Jr is an American lobbyist, political consultant, lawyer, and indicted felon who joined Donald Trump’s presidential campaign team in March 2016 and served as campaign manager from June to August 2016.
Previously, Manafort was an adviser to the U.S. presidential campaigns of Republicans Gerald Ford, Ronald Reagan, George H. W. Bush, and Bob Dole.
Paul Manafort Net Worth 2017: $50 Million
Paul Manafort Jr., an American lobbyist, political consultant, and lawyer who served as Donald Trump’s campaign manager from June to August 2016, is worth approximately $50 million.
1975-2000
Manafort graduated from Georgetown University in 1971 with Bachelor of Science in Business Administration and from Georgetown University Law School in 1974 with Juris Doctor degree.
Between 1977 and 1980 Manafort practiced law with the firm of Vorys, Sater, Seymour and Pease in Washington, D.C.
In 1980 Manafort was a founding partner of Washington, D.C.-based lobbying firm Black, Manafort & Stone.
After Ronald Reagan’s election in November 1980, he was appointed Associate Director of the Presidential Personnel Office at the White House. In 1981 he was nominated to the Board of Directors of the Overseas Private Investment Corporation.
Manafort was an adviser to the presidential campaigns of George H. W. Bush in 1988 and Bob Dole in 1996.
2000-Present
In 2007 and 2008 Manafort was involved in investment projects with Russian oligarch Oleg Deripaska and Ukrainian oligarch Dmytro Firtash. Manafort reportedly negotiated a $10 million annual contract with Deripaska to promote Russian interests in politics, business, and media coverage in Europe and the United States.
Since 2012, Manafort has taken out seven home equity loans worth approximately $19.2 million on three separate New York-area properties he owns through holding companies registered to him and his son-in-law Jeffrey Yohai, a real estate investor.
Manafort disclosed that he made more than $17 million between 2012 and 2014 working for a pro-Russian political party in Ukraine.
According to a 2008 U.S. Justice Department annual report, Manafort’s company received $63,750 from Yanukovych’s Party of Regions over a six-month period ending on March 31, 2008, for consulting services.
